Illegal cannabis operations still outcompete legal weed in the U.S., posing risks due to lack of regulation. Criminal organizations, including those from China, are involved in the black market. Despite efforts to crack down on illegal sales, black market weed is expected to remain pervasive for years to come.
Key Points
Illegal cannabis operations continue to thrive in the U.S.
Criminal organizations, including those from China, are involved in the black market
Regulated cannabis companies struggle to compete with the black market due to lower prices and lack of taxes
Pros
Growing number of companies offer regulated cannabis products
Consumers have access to government-tested products
Cons
Presence of illegal cannabis poses health risks due to lack of regulation
Black market weed often contains banned pesticides and herbicides